DocMagic Blog

Compliance Remote Online Notarization

05/03/2024

Unlock the Power of eNote Technology for Your Mortgage Business

Welcome to the era of digital transformation in the mortgage industry. As more lenders use eClosing strategies to complete faster closings on...

Author: DocMagic

Compliance eVault

03/29/2024

The essential role of an eVault in today’s digital mortgage landscape

A home is often the most important asset a borrower will ever purchase, and lenders want to be known for providing a secure, compliant closing...

Author: DocMagic

03/01/2024

Gaining seamless eClosings through notaries at the Agent’s Lounge

Digitally competent remote notaries are vital for mortgage lenders completing electronic closings, as they bring expertise, efficiency, and...

Author: DocMagic

02/13/2024

DocMagic named 2024 Tech100 Mortgage winner

We're proud to announce that we've been recognized by HousingWire as one of the most innovative and impactful mortgage technology firms in the U.S....

Author: DocMagic

Compliance Integrations

01/18/2024

DocMagic’s 2023 in review: Pioneering the future of digital mortgages

As we reflect on the milestones that shaped the mortgage industry in 2023, we’re proud to say that our initiatives over the past year continued to...

Author: DocMagic

Integrations Partnerships

12/11/2023

Enhanced integration of Empower LOS and DocMagic supports home equity, wholesale channels

Today, we're excited to post that Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan...

Author: DocMagic

Integrations Partnerships

11/14/2023

DocMagic and Vesta join forces to enhance digital workflow efficiency

We're proud to announce that we've partnered with Vesta, a new and innovative mortgage loan origination system (LOS) and software-as-a-service (SaaS)...

Author: DocMagic

Compliance Remote Online Notarization

11/07/2023

DocMagic Appoints Chris Lewis Director of Sales

Today, we're proud to announce the promotion of Chris Lewis to the role of Director of Sales. Chris is tasked with building on DocMagic’s success as...

Author: DocMagic

Awards eNotes

10/11/2023

Brian D. Pannell of DocMagic Wins HousingWire's Vanguard Award

Today, we're proud to reveal that Brian D. Pannell, our Chief eServices Executive, has been honored with a prestigious Vanguard Award by HousingWire....

Author: DocMagic

10/02/2023

California Passes Remote Online Notarization Bill

This post is adapted from a detailed update on the new SB 696 bill in our Compliance Edge publication authored by Gavin T. Ales, Chief Compliance...

Author: Gavin T. Ales

eSign eNotes

09/21/2023

Ask the eClosing Team: Unlocking the potential of hybrid eClosings

When a lender comes to us requesting a digital mortgage closing transformation, we often recommend a “crawl, walk, run” strategy: in other words, we...

Author: Leah Sommerville

Total eClose Partnerships

09/07/2023

100% Digital, 100% Delight: eClosing means great customer experiences

In the rapidly evolving landscape of modern lending, the integration of cutting-edge technology with exceptional customer service has emerged as a...

Author: DocMagic

08/17/2023

Compliant IRS transcript requests: Adapting to changes in form 4506-C

The Internal Revenue Service (IRS) has recently implemented significant changes to the process of ordering tax transcripts and records, encouraging...

Author: DocMagic

Compliance eDisclosures

08/07/2023

DocMagic’s print fulfillment services continue to advance

DocMagic’s continuous advancement in print fulfillment services represents a significant development for our valued customers. Recently, we...

Author: DocMagic

07/20/2023

MPA honors Leah Sommerville of DocMagic with 2023 Elite Women Award

We're proud to announce that Leah Sommerville, a senior account executive and key member of our eClosing Team, earned a spot on this year’s...

Author: DocMagic

Total eClose Integrations

06/30/2023

DocMagic and Finastra announce integration to transform closings

Asthe leader in fully-compliant loan document generation and comprehensive eMortgage services, today, we’re proud to announce the integration of our...

Author: DocMagic

Total eClose Partnerships

06/22/2023

MISMO seeks comments on VA form & David Garrett speaks on MISMO

The Mortgage Industry Standards Maintenance Organization (MISMO)—the forerunning body deciding on operational standards for the real estate...

Author: DocMagic

eNotes Industry Publications

06/08/2023

CEO Dominic Iannitti’s Best of Finance win spotlights the best mortgage and finance solutions

Dominic Iannitti, DocMagic’s president and CEO, was selected for the inaugural group of Best of Finance award winners from Inman News, confirming the...

Author: DocMagic

05/25/2023

The competitive advantage of eNote technology

Dominic Iannitti, President and CEO of DocMagic, answers questions about eNote adoption — as well as how far the industry, DocMagic and its clients...

Author: Dominic Iannitti

eVault Total eClose

05/11/2023

Ask the eClosing Team: How do I get started with eClosing?

Welcome to Ask the eClosing Team, an ongoing series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. These...

Author: Leah Sommerville

04/25/2023

DocMagic introduces critical ADA-compliant loan documents

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services,...

Author: DocMagic

04/11/2023

Ask the eClosing Team: What are current trends in eClosing adoption?

Welcome to Ask the eClosing Team, an ongoing series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s...

Author: Leah Sommerville

03/23/2023

A key to eClosing: the developing case of the SECURE Act

Recently, we reported that the House passed the SECURE Notarization Act of 2023, which is a bipartisan bill leading the charge to modernize the...

Author: DocMagic

03/08/2023

HousingWire recognizes DocMagic with 2023 TECH100 award

This week, we’re proud to announce we’ve been designated one of the most innovative mortgage technology firms in the U.S. housing economy for 2023 by...

Author: DocMagic

03/01/2023

House overwhelmingly passes federal RON bill

This week, the House passed the SECURE Notarization Act—a bipartisan bill supporting new federal rules around remote digital notarization. The act...

Author: DocMagic

02/16/2023

DocMagic provides eClosing and eVault technology for Barr Group Mortgage’s First eNote Transaction through Click n’ Close’s non-delegated correspondent eNote program

Alabama-based mortgage banker Barr Group Mortgage completed the first eNote transaction through Click n’ Close’s non-delegated correspondent eNote...

Author: DocMagic

eClosing Total eClose Remote Online Notarization

02/06/2023

CUSO leaps over hybrid eClose to offer fully electronic loan closings

Superior Financial Solutions, LLC, a CUSO owned by Superior Financial Credit Union, chose DocMagic’s Total eClose solution for completely paperless...

Author: DocMagic

eClosing Total eClose

01/09/2023

We’re making eClosing easier!

Now borrowers can participate in an eClosing on the same device! To join a typical eClosing event, each borrower receives a unique email invitation...

Author: DocMagic

12/20/2022

Coastal Credit Union Chooses DocMagic’s Total eClose

We’re happy to announce that Coastal Credit Union has chosen DocMagic’s Total eClose solution for completely paperless electronic mortgage loan...

Author: DocMagic

11/10/2022

CFPB Announces 2023 Threshold Adjustment for HPML Appraisals

The CFPB, together with the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System, recently posted the...

Author: Compliance Team

10/20/2022

FormAnalyzer 2.0 puts Form Management under your control!

FormAnalyzer™ by DocMagic allows users to view, manage, customize and configure their electronic forms from within a powerful, self-service web...

Author: DocMagic

10/07/2022

The Resurgence of Temporary Buydown Loans

In the current interest rate environment, we have noticed a resurgence of a loan feature which has been dormant for most of the past decade –...

Author: Compliance Team

09/21/2022

CFPB Issues Circular Regarding Data Protection Security

The Consumer Financial Protection Bureau (“CFPB”) published Circular 2022-04 on August 11, 2022 which confirmed that financial institutions may...

Author: Compliance Team

09/07/2022

HOUSINGWIRE HONORS DOCMAGIC’S CHIEF COMPLIANCE OFFICER GAVIN T. ALES WITH 2022 INSIDERS AWARD

A well-known industry expert in mortgage banking compliance and law, Ales tackles some of the most challenging compliance issues facing the industry...

Author: DocMagic

08/25/2022

DocMagic Earns a Second Consecutive Spot on the Inc. 5000 List of Fastest-Growing Private Companies

DocMagic has again made Inc. 5000’s list of fastest-growing private companies for 2022. Companies on this year’s Inc. 5000 list are ranked according...

Author: DocMagic

Compliance Remote Online Notarization

08/17/2022

Committing to excellence with our Sub-Second Directive

One of DocMagic's primary goals is building technology to help lenders close loans faster. State-of-the-art software solutions enable modern and...

Author: DocMagic

08/10/2022

US House Passes The Secure Notarization Act

On Wednesday July 27th, the United States House passed the “Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2022”,...

Author: Gavin T. Ales

08/05/2022

FEDERAL AGENCIES ISSUE UPDATED INTERAGENCY FLOOD INSURANCE Q&AS

The Office of the Comptroller of the Currency (“OCC”), Board of Governors of the Federal Reserve System (“Board”), Federal Deposit Insurance...

Author: DocMagic

07/25/2022

NMP Selects DocMagic Chief eServices Executive Brian D. Pannell for 2022 Most Connected Mortgage Professionals Award

Brian D. Pannell, DocMagic’s chief eServices executive, has been recognized by National Mortgage Professional (NMP) magazine as one of the most...

Author: DocMagic

Compliance Integrations

07/20/2022

DocMagic makes loan documents ADA accessible

What is ADA accessibility and why is it important?

Author: DocMagic

07/14/2022

Mortgage Banker Magazine taps DocMagic CEO with Legends of Lending Award

DocMagic’s president and CEO, Dominic Iannitti, has been selected by Mortgage Banker magazine as a 2022 Legends of Lending award recipient.

Author: DocMagic

07/13/2022

eNotes — Frequently Asked Questions (FAQs)

Nearly 20 years after the federal government made it legal to transact business electronically, COVID sent the mortgage industry into high gear. In...

Author: DocMagic

07/05/2022

DocMagic’s Chief Compliance Officer, Gavin T. Ales, named Next Gen Leader

Gavin T. Ales, DocMagic’s chief compliance officer, has been named a Next Gen Leader for 2022 by PROGRESS in Lending.

Author: DocMagic

06/22/2022

DocMagic’s Leah Sommerville Recognized with 2022 Trailblazer Award

Leah Sommerville, a senior account executive on DocMagic’s eClosing team, has been honored by PROGRESS in Lending as a 2022 Sales & Marketing...

Author: DocMagic

06/15/2022

CFPB Clarifies scope of States’ Consumer Financial Protection authority

On May 26, 2022, the Consumer Financial Protection Bureau (“CFPB”) published an Interpretive Rule to provide clarity regarding the scope of State...

Author: DocMagic

Industry Publications Integrations

06/03/2022

FHA ANNOUNCES 40-YEAR LOAN MODIFICATION OPTION

The Federal Housing Administration (“FHA”) recently issued Mortgagee Letter 2022-07 to announce updates to the COVID-19 Recovery Loss Mitigation...

Author: DocMagic

05/24/2022

MISMO Certifies DocMagic’s Total eClose™ Platform and Proprietary RON Technology

DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services,...

Author: DocMagic

05/19/2022

PROGRESS in Lending Names DocMagic’s Director of Client Services to 2022 Most Powerful Women in Fintech List

TORRANCE, Calif., May 19, 2022—DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and...

Author: DocMagic

05/17/2022

Black Knight Empower LOS Now Integrated with DocMagic

The premier provider of loan document generation, compliance support and comprehensive eMortgage services, announced an integration with Empower,...

Author: DocMagic

eVault

05/09/2022

Centier Bank Leverages DocMagic’s eVault Technology to Accept and Manage eNotes

By implementing DocMagic’s eVault solution, Centier Bank is prepared and ready to receive eNotes from their warehouse clients. The move strategically...

Author: DocMagic

04/22/2022

Industry Investors and Warehouse Lenders Supporting Origination of eNotes

More lenders are moving beyond hybrid eClosings to a fully digital eNote closing process. As of April 6th, the MERS® eRegistry reported over 1.6M...

Author: DocMagic

03/22/2022

CFPB Releases Factsheet for Calculating Prepaid Interest Under General QM Rule

On February 23, 2022, the Consumer Financial Protection Bureau (“CFPB”) released a factsheet regarding the interest rate used to calculate prepaid...

Author: DocMagic

03/09/2022

HousingWire Names DocMagic One of the Top 100 Most Innovative Mortgage Companies for 2022

DocMagic earned a spot on HousingWire’s coveted 2022 Tech100 list for the ninth straight year. The publisher’s Tech100 list includes the most...

Author: DocMagic

03/08/2022

GSEs Announce Updates to Selling Guide

Fannie Mae released Selling Guide Announcement (SEL-2022-01) on February 2, 2022, to announce recent changes to their Selling Guide, including the...

Author: DocMagic

02/24/2022

LoanMAPS™ LOS Integrates with DocMagic increasing compliance while slashing costs

DocMagic announced the integration of multiple digital lending solutions with Take Three Technologies’ (“Take3”) cloud-based and seamless loan...

Author: DocMagic

02/08/2022

GSE Implementation of Desktop Appraisals

Unlike a full appraisal, a desktop appraisal is completed by a licensed appraiser without a physical inspection of a property. Working remotely, an...

Author: DocMagic

01/25/2022

CFPB Announces 2022 HPML Appraisal Threshold Adjustments

On November 30, 2021, the Consumer Financial Protection Bureau, together with the Office of the Comptroller of the Currency and the Board of...

Author: DocMagic

eClosing Total eClose

12/21/2021

DocMagic Launches eDecision™ Automating Digital Closing E-Eligibility

DocMagic announced the rollout of eDecision™, a solution that significantly expands the level of analysis applied to e-eligibility determination for...

Author: DocMagic

12/20/2021

DocMagic’s Michael Morford recognized with 2021 Tech Thought Leader Award

DocMagic’s Director of Product Development, Michael Morford was selected as a 2021 Tech Thought Leader by PROGRESS in Lending Association.

Author: DocMagic

12/18/2021

DocMagic's Lori Johnson wins 2021 Elite Women in Mortgage Award

DocMagic’s Director of Client Services, Lori Johnson, was recently given the 2021 Elite Women in Mortgage award from Mortgage Professional America...

Author: DocMagic

12/17/2021

DocMagic's Gavin T. Ales wins Top 40 Under 40 Award

DocMagic’s Chief Compliance Officer, Gavin T. Ales, has been honored by National Mortgage Professional (NMP) magazine with its 2021 Top 40 Under 40...

Author: DocMagic

12/10/2021

Ask the eClosing Team: What components do you need for a full eClosing?

Welcome to Ask the eClosing Team, an ongoing series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s...

Author: Pauline Vu

11/18/2021

FHA publishes notice of proposed rulemaking regarding LIBOR transition

On Oct. 5, 2021, the Department of Housing and Urban Development (“HUD”) published an advance notice of proposed rulemaking (“ANPR”) in the Federal...

Author: Compliance Team

11/10/2021

DocMagic named a 5-Star Mortgage Technology Provider for 2021

DocMagic was recently honored with Mortgage Professional America (MPA) Magazine’s 5-Star Mortgage Technology Provider Award.

Author: Pauline Vu

11/03/2021

CFPB annual threshold adjustments for Regulation Z

The Consumer Financial Protection Bureau (“CFPB”) is required to annually calculate the dollar amounts for several provisions in Regulation Z.

Author: Compliance Team

10/27/2021

How to overcome one of the key hurdles to eClosing implementation

Before the pandemic, one of the major roadblocks to implementing eClosings was a lack of serious commitment. Companies talked the talk when it came...

Author: Pauline Vu

10/20/2021

U.S. Treasury and FHFA suspend provisions of the PSPAs

The U.S. Treasury and the Federal Housing Finance Agency (“FHFA”) recently announced the suspension of certain provisions of the Preferred Stock...

Author: Compliance Team

eSign AutoPrep Remote Online Notarization

10/13/2021

CFPB publishes analysis of consumer complaints

The Consumer Financial Protection Bureau (“CFPB”) recently published “Consumer complaints throughout the credit life cycle, by demographic...

Author: Compliance Team

10/06/2021

DocMagic unveils eSign 3.0, with new RON, eClosing capabilities

DocMagic has launched eSign 3.0, an upgrade to our eSignature platform, with new features designed to help lenders easily facilitate remote online...

Author: DocMagic

eNotes eVault Integrations

09/29/2021

SimpleNexus enables fully digital loan closings with DocMagic’s eVault, eNote tech

SimpleNexus is integrating DocMagic’s eVault and eNote technologies with its Nexus Closing eMortgage solution, a move that will allow the company —...

Author: DocMagic

Industry Publications

09/22/2021

DocMagic to attend fall mortgage trade shows; let’s connect!

With in-person events back in full swing, we’re excited to announce that DocMagic is hitting the road this fall and attending some of the mortgage...

Author: Pauline Vu

09/15/2021

Did You Know: A basic hybrid eClosing is easier than you think?

For many lenders used to a paper-based mortgage process, an electronic closing may feel out of reach. Why? “The county recorder won’t accept it.” “My...

Author: Pauline Vu

09/07/2021

HUD, FHFA announce collaboration regarding fair housing, fair lending enforcement

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) (collectively, the “Agencies”) recently...

Author: Compliance Team

08/26/2021

DocMagic named to 2021 Inc. 5000 list of fastest-growing companies

DocMagic has earned a spot on this year’s prestigious Inc. 5000 list of fastest-growing private companies in the U.S.

Author: DocMagic

08/18/2021

Ask the eClosing Team: Why are eNotes better than paper? (and other burning questions)

Welcome to Ask the eClosing Team, an ongoing series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s...

Author: Pauline Vu

08/11/2021

Fannie Mae and Freddie Mac announce changes to uniform instruments

On July 7, 2021, Fannie Mae and Freddie Mac (the GSEs) announced changes to all uniform instruments, except those being retired — including notes,...

Author: Compliance Team

08/04/2021

FHFA to eliminate the adverse market refinance fee

The Federal Housing Finance Agency (FHFA) announced that the Adverse Market Refinance Fee of 50 basis points (0.500%) will be eliminated for loans...

Author: Compliance Team

07/28/2021

38 states allow remote notarization as RON, RIN and IPEN gain momentum

At both the federal and state level, remote online notarization (RON) appears to be gaining momentum. But at the same time, the practice is also...

Author: Pauline Vu

07/20/2021

CFPB report finds several mortgage-related violations in 2020

Mortgage servicers committed several Regulation X violations in 2020, according to a recent report by the Consumer Financial Protection Bureau (CFPB).

Author: Pauline Vu

07/14/2021

Digital closings rose 228% in 2020: ALTA survey

The number of title and settlement companies that offer eClosings increased 228% in 2020, according to ALTA’s 2021 Digital Closing Survey of 300...

Author: Pauline Vu

07/06/2021

FHFA director replaced following Supreme Court decision

On June 23, 2021, the U.S. Supreme Court issued a 7-2 decision in Collins v. Yellen, which held that the structure of the Federal Housing Finance...

Author: Compliance Team

06/30/2021

Did You Know: You can cut out the middleman and draw your own docs?

Some lenders pay an intermediary, such as a law firm, processing center or fulfillment company, to generate their mortgage documents and conduct...

Author: Pauline Vu

eClosing Document Generation

06/24/2021

3 reasons why your post-closing department loves eClosings and eNotes

Lenders are finding there are a host of upsides to eClosings — and their post-closing departments are reaping some of the main benefits.

Author: Pauline Vu

06/16/2021

Did You Know: You can get all your eClosing needs met by one vendor?

Some lenders think the only path to an eClosing is by employing a wide variety of vendors; for example, one vendor for document generation, another...

Author: Pauline Vu

eVault Integrations

06/14/2021

ICE Mortgage Technology deploying DocMagic’s eVault tech for Encompass LOS

ICE Mortgage Technology, a leading global provider of data, technology and market infrastructure, is deploying an eVault solution for secure storage...

Author: DocMagic

Document Generation Total eClose Integrations

06/10/2021

AmeriSave leverages DocMagic’s Total eClose, doc gen solutions to maximize productivity

AmeriSave, one of the country’s largest mortgage lenders — best known for pioneering the first truly digital mortgage experience for borrowers — has...

Author: DocMagic

06/07/2021

GSE guidance for revised General QM definition

Fannie Mae and Freddie Mac (FNMA or FHLMC, respectively, or the “GSEs” collectively) recently provided additional guidance on their changes in...

Author: Compliance Team

06/02/2021

Ask the eClosing Team: What steps should Ienders take to get set up for eClosing?

Welcome to Ask the eClosing Team, a new series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s response...

Author: Pauline Vu

eNotes Total eClose Integrations

05/25/2021

Atlantic Bay surpasses 10,000 eClosings using DocMagic's Total eClose

Atlantic Bay Mortgage Group has processed more than 10,000 eClosings — including thousands of eNotes — with the help of DocMagic’s Total eClose...

Author: DocMagic

05/18/2021

Senators reintroduce bill to allow remote online notarizations nationwide

Two U.S. senators from both sides of the aisle have reintroduced a bill that would allow “immediate nationwide use” of remote online notarization...

Author: Pauline Vu

05/13/2021

DocMagic donating signature bunny slippers to blood drive for CHLA

Donors at an upcoming Los Angeles-area blood drive will receive a pair of DocMagic’s signature pink bunny slippers.

Author: DocMagic

05/11/2021

GSEs announce plans to limit purchases to loans meeting revised General QM rule

On April 27, 2021, the CFPB formally announced the delay of the mandatory compliance date of the General Qualified Mortgage (QM) Final Rule from July...

Author: Compliance Team

05/06/2021

Should longtime-RON holdout California allow it? Secretary of State considers it

Last week the new Secretary of State of California — a state which has been one of the most resistant to remote online notarization (RON) — held a...

Author: Pauline Vu

04/29/2021

DocMagic’s Leah Sommerville wins inaugural NextGen Leader Award

Leah Sommerville, DocMagic’s senior account executive, has been named one of 10 winners of the NextGen Leader Award by PROGRESS in Lending...

Author: Pauline Vu

04/22/2021

Number of title agents who conducted eClosings rose in 2020 — but some still resist

The number of title agents who said they conducted eClosings in 2020 more than doubled from the year before, according to a new survey.

Author: Pauline Vu

eNotes Integrations

04/15/2021

DocMagic client Truliant transfers FHLBank Atlanta’s first eNote

North Carolina-based Truliant Federal Credit Union has become the first lender to transfer an eNote, or electronic promissory note, to FHLBank...

Author: Pauline Vu

Compliance Document Generation

04/07/2021

CFPB rescinds 7 pandemic-related policy statements

The Consumer Financial Protection Bureau has announced that it is rescinding seven policy statements that were issued last year to assist financial...

Author: Compliance Team

03/31/2021

What is data validation and why is it so important?

The first step of a closing is for a massive amount of information — about the borrower, the property and the type of loan — to be entered into the...

Author: Pauline Vu

Total eClose

03/24/2021

Survey: Almost 40% of millennials would buy home online

Millennials are much more likely than other generations to say they would be comfortable buying a home online — and their younger Gen Z counterparts...

Author: Pauline Vu

Remote Online Notarization Integrations eNotary

03/18/2021

DocMagic, Secure Insight partner to create national eNotary training program

DocMagic is teaming up with New Jersey-based Secure Insight to set up a training program on remote online notarization (RON) technology and...

Author: DocMagic

eNotes Industry Publications

03/11/2021

DocMagic named to HousingWire's Tech100 list for 8th straight year

DocMagic has been named to HousingWire’s 2021 Tech100 Mortgage list, which recognizes the mortgage industry’s most innovative and impactful companies.

Author: Pauline Vu

03/04/2021

Ask the eClosing Team: What do lenders need to get set up for eNotes?

Welcome to Ask the eClosing Team, a new series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s response...

Author: Pauline Vu

eClosing eNotes GSEs

02/24/2021

Magazine survey shows overwhelming demand for eClosings

By a large margin, PROGRESS in Lending magazine’s 90,000+ readers say that eClosing technology is in high demand.

Author: Pauline Vu

02/17/2021

The new URLA: The No. 1 thing to do ASAP to ensure you’re ready

The effective date requiring the new Uniform Residential Loan Application (URLA) is fast approaching—starting March 1, the updated form will be...

Author: Pauline Vu

02/12/2021

RON update: First new remote online notarization law of 2021 passes

The first remote online notarization (RON) law of 2021 has passed, and it has a surprising detail—it also expressly enshrines remote ink-signed...

Author: Pauline Vu

02/03/2021

CFPB issues statement on financial institutions serving LEP consumers

On Jan. 13, the Consumer Financial Protection Bureau (CFPB) issued a “Statement Regarding the Provision of Financial Products and Services to...

Author: Compliance Team

eClosing Document Generation Total eClose Integrations

01/27/2021

Paradigm shift: 4 key mortgage industry changes over the last year

Brian D. Pannell, DocMagic’s Chief eServices Executive, examines some of the key changes the mortgage industry has seen over the last year.

Author: Pauline Vu

01/21/2021

Case study: Amid pandemic, new lender flourishes in remote environment

At the start of the pandemic, companies across America were abruptly forced to send their employees home and quickly scramble to adjust to remote...

Author: Pauline Vu

Compliance Awards eNotes Remote Online Notarization

01/07/2021

DocMagic’s David Garrett named to MISMO standards committee

DocMagic’s Integration Services Manager, David Garrett, is set to begin a two-year term this month for the Mortgage Industry Standards Maintenance...

Author: Pauline Vu

12/29/2020

Relive some key mortgage industry milestones in 2020

2020 has been a year unlike any other—and that includes for the mortgage industry, which faced some of the biggest changes the industry has ever seen.

Author: Pauline Vu

eClosing Compliance Remote Online Notarization

12/17/2020

The current state of eClosings: A Q&A with DocMagic's compliance chief

The mortgage industry is undergoing unprecedented change, and lenders are weighing the move to eClosings—because in the current environment, it’s no...

Author: Pauline Vu

12/10/2020

DocMagic’s Leah Sommerville named to NMP’s Top 40 Under 40 list

DocMagic senior account executive Leah Sommerville, 33, was awarded a coveted spot on National Mortgage Professional (NMP) magazine’s annual Top 40...

Author: Pauline Vu

12/08/2020

DocMagic offers clients automatic audit of NMLS identification numbers

DocMagic is offering an easier way for clients to automatically audit the Nationwide Multistate Licensing System (NMLS) identification number of...

Author: Pauline Vu

Industry Publications Integrations

12/04/2020

Brian D. Pannell honored with HousingWire’s 2020 Tech Trendsetters Award

Brian D. Pannell, DocMagic’s Chief eServices Executive, was named one of HousingWire’s 2020 Tech Trendsetters.

Author: Pauline Vu

12/01/2020

DocMagic’s Brian D. Pannell to speak at free ESRA webinar on eMortgage tech

DocMagic’s Chief eServices Executive Brian D. Pannell will be leading a webinar for the Electronic Signature and Records Association (ESRA) this...

Author: Pauline Vu

eClosing Total eClose Integrations

11/23/2020

Community State Bank now offering paperless eClosings via Total eClose

Community State Bank, which has seven locations across southeast Wisconsin, has implemented DocMagic’s full suite of eClosing solutions and is now...

Author: DocMagic

Compliance Industry Publications

11/16/2020

IRS releases new form 4506-C

The Internal Revenue Service (IRS) recently released a new version of Form 4506, as Form 4506-C, IVES Request for Transcript of Tax Return (version...

Author: Compliance Team

11/05/2020

Michigan Supreme Court ruling puts state's RIN closings at risk

(Update: On Nov. 5, Michigan enacted HB6297, which confirms the validity of remote notarizations performed between April 30, 2020 and Jan. 1, 2021,...

Author: Pauline Vu

10/29/2020

Survey: Homebuyers adapt to eSignings, remote closings during pandemic

Homeowners have adapted well to eSignings and remote closings and are very satisfied with their overall closing experience, according to a new...

Author: Pauline Vu

10/27/2020

DocMagic’s CEO honored with Lending Luminary Award

DocMagic CEO and President Dominic Iannitti was named a Lending Luminary award winner by the PROGRESS in Lending Association. The honor, now in its...

Author: DocMagic

10/22/2020

Remote online notarization (RON) has several benefits beyond safety

Remote online notarization (RON) eClosings have been on the rise during the age of COVID-19, as they’re seen as the safest closing option during a...

Author: Pauline Vu

10/15/2020

CFPB’s 5-year TRID assessment produces mixed results

Earlier this month the Consumer Financial Protection Bureau (CFPB) released a five-year lookback assessment of the TRID rule—and its findings contain...

Author: Pauline Vu

eSign Document Generation Integrations

10/07/2020

California enacts consumer financial protection law

The California legislature recently enacted a new consumer protection law, called the Consumer Financial Protection Law (CFPL).

Author: Compliance Team

10/01/2020

DocMagic, VirPack integrate platforms

DocMagic has integrated with VirPack to facilitate the seamless exchange of loan files and docs for compliant eSigning through DocMagic’s eSign...

Author: DocMagic

09/24/2020

The redesigned URLA will be required in a few months; are you ready?

(2/27/21 update: The new URLA: The No. 1 thing to do ASAP to ensure you're ready) Starting March 1, 2021, all lenders who intend to sell closed...

Author: Pauline Vu

09/16/2020

FHFA, other agencies announce extension of COVID-related policies

On Aug. 26, the Federal Housing Finance Agency (FHFA) announced an extension of its policies providing for Fannie Mae and Freddie Mac (the GSEs) to...

Author: Compliance Team

09/09/2020

An eClosing Q&A with DocMagic's director of enterprise solutions

The pandemic has forced a lot of change in a short amount of time in the mortgage industry. DocMagic's Director of Enterprise Solutions, Chris Lewis,...

Author: DocMagic

09/03/2020

DocMagic’s Lori Johnson honored with HousingWire’s 2020 Insiders Award

Lori Johnson, DocMagic’s Director of Client Services, has been named as a 2020 HousingWire Insider thanks to her recent eClosing implementation...

Author: DocMagic

09/01/2020

DocMagic gifts signature bunny slippers to blood drive donors

More than 40 people braved 100-degree weather to participate in a recent charity blood drive, receiving a pair of DocMagic's distinctive novel bunny...

Author: Pauline Vu

08/25/2020

Why lenders still need print fulfillment — even if they're going digital

It may seem like the need for print fulfillment services is counterintuitive to digitizing the mortgage process, but the two things aren’t mutually...

Author: Pauline Vu

08/12/2020

5 key questions about ID validation during RON

Lenders who are interested in a remote online notarization (RON) closing often have questions about how the identity validation works. Here are some...

Author: Pauline Vu

eNotes GSEs

08/05/2020

Ginnie Mae, 3 FHLBanks start accepting eNotes

eNotes are having a moment. Last month, Ginnie Mae formally kicked off its Digital Collateral Program to begin the process of accepting electronic...

Author: Pauline Vu

Document Generation Total eClose Integrations

07/28/2020

DocMagic nominated for prestigious architecture award

We’re excited to announce that our state-of-the-art, 25,000-square-foot technology center in Torrance, Calif., is up for Architizer’s A+Popular...

Author: Pauline Vu

Total eClose Integrations eNotary

07/27/2020

DocMagic teams up with Simplifile to facilitate eClosing adoption

DocMagic is joining forces with Simplifile, a document collaboration and eRecording provider, to create new process efficiencies that will further...

Author: Pauline Vu

07/21/2020

MortgageCountry closing loans in 13 days using DocMagic solutions

During its first two months of lending, MortgageCountry has been closing loans in an average of 13 calendar days—setting a new standard for speed.

Author: Pauline Vu

Total eClose Remote Online Notarization

07/15/2020

3 reasons why DocMagic's document generation solution is so fast

As we’re fond of noting, DocMagic can process a compliant closing document package of 100+ pages in under five seconds. But it’s not just a slogan,...

Author: Pauline Vu

07/08/2020

County recorders, eRecording, and RON — by the numbers

At DocMagic’s May 27 webinar, “Road-Tested eClosing Strategies for Today,” Ben Sherman, president of real estate recording services firm Synrgo,...

Author: Pauline Vu

06/30/2020

Happy National ESIGN Day! 5 facts you didn’t know

Twenty years ago today, President Clinton signed into law the Electronic Signatures in Global and National Commerce (ESIGN) Act, which declared that...

Author: Pauline Vu

06/26/2020

RON update: Remote online notarization sees forward momentum-and a setback

—Update (2/12/2021): RON update: First new remote online notarization law of 2021 passes The remote online notarization (RON) landscape is still very...

Author: Pauline Vu

06/24/2020

3 reasons why underwriters haven't jumped on the RON bandwagon

Even as demand for remote online notarization (RON) grows, underwriters and settlement agents are hesitant to fully embrace it. They have some good...

Author: Pauline Vu

eClosing Awards

06/18/2020

DocMagic’s Brian D. Pannell named winner of Thought Leader Award

Brian D. Pannell, DocMagic’s Chief eServices Executive, has been named one of the inaugural winners of the Thought Leader Award by the PROGRESS in...

Author: DocMagic

eNotes Remote Online Notarization

06/10/2020

RON vs. RIN (remote ink-signed notarization): What's the difference?

When the coronavirus pandemic hit, several states issued emergency orders to allow remote notarizations, joining 23 that already had permanent laws...

Author: Pauline Vu

06/03/2020

Webinar: How mortgage industry should adapt to COVID landscape

For the mortgage industry, a lot has changed in a short amount of time—especially when it comes to remote online notarization (RON), according to the...

Author: Pauline Vu

eClosing eNotes Remote Online Notarization

06/01/2020

DocMagic offers free version of its eSign technology for non-mortgage uses

DocMagic is making an agnostic version of its eSign technology free to help organizations increase productivity and efficiency among work-from-home...

Author: DocMagic

05/21/2020

Pandemic leads to growing acceptance of eClosings: News source

The coronavirus pandemic has led to wide-ranging industry acceptance of eMortgages, eNotes, and digital closings, according to a recent article in...

Author: Pauline Vu

Total eClose Remote Online Notarization eNotary

05/07/2020

New support for power of attorney (POA) transactions amid COVID-19

A recent DocMagic update has made it easier to conduct transactions that involve someone with power of attorney (POA) acting on a borrower’s behalf,...

Author: Pauline Vu

04/27/2020

DocMagic expedites eNotary workflow for settlement service providers

DocMagic has improved the process for for settlement agents to link up with notary providers to complete an eNotarization—especially a remote online...

Author: Pauline Vu

04/17/2020

Amid pandemic, states boost access to remote online notarization (RON)

—Update (2/12/2021): RON update: First new remote online notarization law of 2021 passes —Update (6/26/2020): RON update: Remote online notarization...

Author: Pauline Vu

eClosing Total eClose AutoPrep

04/03/2020

New AutoPrep tech accepts docs from ANY provider for paperless eClosings

eClosing just got a lot easier because DocMagic’s new AutoPrep technology can convert ANY document from ANY lender into a compliant e-enabled...

Author: DocMagic

03/16/2020

An Important Message from the President of DocMagic

To our valued clients and partners, During these unprecedented times, I wanted to personally reach out to you to address DocMagic’s approach to the...

Author: Dominic Iannitti

Document Generation Total eClose

01/21/2020

A Document Library of 200,000 Forms and Counting!

DocMagic is the Document Preparation market share leader, with 37.6 percent of the market comprised of banks, credit unions, and independent mortgage...

Author: DocMagic

12/06/2019

Leveraging Mobile Technology to Ramp Up the Borrower Experience

How DocMagic is Leveraging Mobile Technology to Ramp Up the Borrower Experience

Author: DocMagic

11/05/2019

DocMagic Leads eClosing Categories and Holds Highest Market Share in Document Generation in STRATMOR Group’s 2019 Study

TORRANCE, Calif., Nov. 5, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

eSign eVault LoanMagic

10/17/2019

New DocMagic Mobile App to Fill Critical Gap in Lending Workflow

TORRANCE, Calif., October 16, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

09/27/2019

DocMagic gets Lenders Started with eClosing

Docmagic Providing borrowers with a simple, streamlined eClosing process is critical in today’s competitive mortgage industry. From a borrower...

Author: DocMagic

09/03/2019

DocMagic Provides Raffle Donations, Helping NEXT™ Conference Raise over $3,200 for Girls Inc. of Chicago

NEXT™ Raises over $3,200 in Less than One Hour for Girls Inc. of Chicago CHICAGO, August 29, 2019 — NEXT Mortgage Events LLC, creator of NEXT women’s...

Author: DocMagic

eClosing Integrations

08/15/2019

DocMagic and INTEGRA Form Strategic Allegiance

TORRANCE, Calif., Aug. 15, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

08/06/2019

L1 eClosing is Guiding the Industry Shift Towards an eMortgage Evolution

Featured in HousingWire's eClose Solutions Special Report [HousingWire] The industry shift to eMortgages and eClosings are no longer a future vision...

Author: Alyssa Stringer (HousingWire)

08/01/2019

DocMagic's End-to-End System Facilitates 100% Paperless eClosings

Featured in HousingWire's eClose Solutions Special Report [HousingWire] A growing wave of digital adoption is quickly transforming into the new...

Author: Alyssa Stringer (HousingWire)

07/02/2019

Closing a Loan Electronically [eClosing Options]

Subscribers to our Compliance Newsletter already know that more and more states continue to pass laws that support electronic notarization which the...

Author: Gavin T. Ales

06/27/2019

DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning

Directly from within the Lending Pad LOS, users can seamlessly access DocMagic’s loan documents to close loans quickly, efficiently and compliantly...

Author: DocMagic

06/11/2019

Testing the URLA

Testing Information The first big change with these forms is in the Uniform Loan Application Dataset, or ULAD, for short. This dataset is used to...

Author: DocMagic

06/06/2019

URLA: Updates, Improvements, and Deadlines

Understanding the New URLA The new URLA is bringing us into the 21st century. Along with improving accuracy and the clarity of information being...

Author: DocMagic

Awards Philanthropy

05/28/2019

DocMagic Employees Join Together to Support 5th Annual U.S. Red Nose Day Fundraising Campaign

TORRANCE, Calif., May 16, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

03/29/2019

DocMagic Earns a Spot on the HW TECH100 For the Sixth Straight Year

TORRANCE, Calif., March 29, 2019— DocMagic, Inc., the premier provider of dynamic loan document preparation, automated regulatory compliance and...

Author: DocMagic

Compliance Document Generation

03/26/2019

DocMagic Included in First 10 Tech100 Winners

Source: Housing Wire—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive...

Author: DocMagic

03/26/2019

[Webinar] Understanding URLA: The NEW Uniform Residential Loan Application

Free Webinar! Your guide to new forms, updates, and deadlines Join this FREE webinar designed to help you understand the revised Uniform Residential...

Author: DocMagic

eClosing Total eClose Remote Online Notarization eNotary

03/25/2019

NotaryCam-DocMagic Integration Delivers Remote Online Notarization, eClosing Capabilities for Mid America Mortgage

NEWPORT BEACH, Calif., March, 25 2019—NotaryCam®, the leader in online notarization solutions, today announced that eMortgage pioneer Mid America...

Author: DocMagic

02/14/2019

MReport Magazine Names DocMagic’s Dominic Iannitti a ‘Top 25 Industry Leader & Influencer’

TORRANCE, Calif., Feb. 14, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

12/21/2018

DocMagic Teams with the Art To Grow On Children's Art Center to Provide 100 Customized Holiday Art Boxes for Patients at Children's Hospital Los Angeles

Coordinated by Art To Grow On Children's Art Center Inc. and sponsored by DocMagic Inc., the unique art boxes were prepared and delivered to patients...

Author: DocMagic

Total eClose

12/19/2018

SecurityNational Mortgage Implements a Fully Paperless Closing Process Using DocMagic’s Total eClose Platform

Lender achieves full eClosing benefits, faster and more reliably, as the result of DocMagic’s consultative implementation process, single-source...

Author: DocMagic

10/29/2018

QRL Leverages DocMagic's eVault Technology to Purchase eNotes from Corresponding Clients

Gains competitive advantage, speeds funding process, results in fewer exceptions Anaheim, Calif., Oct. 29, 2018—Annual CUNA Lending Council...

Author: DocMagic

eClosing Total eClose Integrations

10/15/2018

Secure Insight Creates National eClosing Training Program Using DocMagic's Total eClose Solution

Online eMortgage Education Module was developed to help attorneys, title agents and notaries successfully conduct eClosings WASHINGTON, D.C., Oct....

Author: DocMagic

eClosing Total eClose Remote Online Notarization eNotary

10/10/2018

DocMagic Teams with Several Southern California Non-Profit Groups and Organizations in Support of Breast Cancer Awareness Month

DocMagic supplies its signature pink slippers at a breast cancer awareness event and blood drive to assist cancer patients and local hospitals...

Author: DocMagic

09/28/2018

DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

MBA and ALTA are collaborating to make it easier for states to accept remote online notarizations NEWPORT BEACH, Calif., Sept. 27, 2018—DocMagic,...

Author: DocMagic

eNotes eVault GSEs

09/18/2018

Freddie Mac Expands eMortgage Solutions with DocMagic's eVault Technology to Store and Control eNotes

Technology to validate data, assure quality and compliance for all pre-funded home loans TORRANCE, Calif., Sept. 18, 2018—DocMagic, Inc., the premier...

Author: DocMagic

eNotes eVault eNotary

09/13/2018

Join DocMagic at Digital Mortgage Conference 2018

Heading to Las Vegas for the Digital Mortgage Conference? Whatever your unique business model, we can help you prepare for your next generation of...

Author: DocMagic

Compliance Industry Publications

09/11/2018

TRID Talks Video Series: Preparing for TRID 2.0 on October 1

Introduction to TRID 2.0 Throughout the month of September Chief Compliance Officer, Gavin Ales, will introduce some of the major changes coming with...

Author: DocMagic

08/28/2018

DocMagic Delivers an Automated Compliance Solution for the Long Term

Maintaining an effective Compliance Management System (CMS) entails each lender’s structured plan for meeting regulatory compliance. Developing...

Author: DocMagic

eClosing Total eClose Integrations

08/08/2018

Lenders One Announces Lenders One eClosing by DocMagic at the Annual Summer Conference

A complete eClosing solution for Lenders One members to help accelerate the eMortgage journey SALT LAKE CITY, Aug. 06, 2018 (GLOBE NEWSWIRE) --...

Author: DocMagic

07/25/2018

DocMagic Joins Support for Girls, Inc.

We were thrilled that a few of our women executives got to be a part of a worthy charity effort in Dallas, TX last month. DocMagic joined other...

Author: DocMagic

06/15/2018

October Research Honors DocMagic CEO Dominic Iannitti with 2018 ‘Innovation Award’

DocMagic is excited to report that CEO Dominic Iannitti was recognized with the 2018 ‘Innovation Award’ at October Research’s 14th annual National...

Author: DocMagic

Compliance SmartCLOSE

06/06/2018

New DocMagic and KeyStoneB2B Partnership Increases Compliance, Efficiency and Accuracy for Lender Customers

Mutual customers get seamless access to SmartCLOSE™ to share closing information in real-time MOUNT LAUREL, N.J. and TORRANCE, Calif. – KeyStoneB2B,...

Author: DocMagic

06/05/2018

DocMagic Integrates eSign Technology with MortgageHippo’s Digital Lending Platform

Integration provides borrowers with a digital mortgage process from POS through closing TORRANCE, Calif., June 5, 2018 — DocMagic, Inc., the premier...

Author: DocMagic

Awards Philanthropy

05/29/2018

DocMagic Employees Join Together to Support Fourth Annual U.S. Red Nose Day Fundraising Campaign

TORRANCE, Calif., May 29, 2018 — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

eClosing eSign Total eClose

05/22/2018

Guaranteed Rate Partners with DocMagic to Cut Closing Time

Borrowers can have a 10-minute closing appointment when reviewing and electronically signing documents in advance DocMagic, Inc., the premier...

Author: DocMagic

05/01/2018

National Mortgage Professional Magazine Honors DocMagic as a 2018 ‘Top Mortgage Employer’ for the Second Year in a Row

DocMagic was again recognized as a ‘Top Mortgage Employer’ by National Mortgage Professional magazine (NMP) for 2018. DocMagic was one of only ten...

Author: DocMagic

eClosing eSign eVault Total eClose

04/12/2018

Setting the Record Straight on Digital Mortgages

The Whole is Greater than the Sum of its Parts When it Comes to Digital Mortgage Solutions and eNotes By Tim Anderson, Director of eServices,...

Author: DocMagic

04/11/2018

Join us for a UCD-Compliance Demo at MBA Tech

See our UCD-Compliant Collaborative Closing Demo! SmartCLOSE™ solves many of the key challenges between lenders and settlement providers. Join us as...

Author: DocMagic

eSign eVault

03/29/2018

Deutsche Bank Implements DocMagic’s eVault Technology

TORRANCE, Calif., March 29, 2018 — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and...

Author: DocMagic

eClosing Total eClose

03/08/2018

Going 100 Percent Paperless: Where It Is Now and Where It Is Headed

National Mortgage Professional Magazine recently sat down with Tim Anderson, Director of eServices at DocMagic, to gain insight and trending into the...

Author: DocMagic

01/24/2018

DocMagic Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning and More Lenders Require Proof of TRID Compliance

Milestone results from increased adoption of several DocMagic technologies TORRANCE, Calif., Jan. 24, 2018 — DocMagic, Inc., the premier provider of...

Author: DocMagic

eDelivery eDisclosures

12/05/2017

DocMagic Opens High-Tech Print Fulfillment Supercenter to Support Growth

New facility provides compliant solution to 'opt-out' requirements for mortgage transactions that revert from digital to paper processes TORRANCE,...

Author: DocMagic

Industry Publications

11/29/2017

Press Release: DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee

The committee is comprised of select subject matter experts TORRANCE, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier...

Author: DocMagic

eNotes eVault Integrations

10/24/2017

LoanCare now subservicing eNotes with DocMagic’s eVault Technology

A leading national subservicer opens up market opportunities by servicing eNotes stored electronically via DocMagic's eVault Technology. VIRGINIA...

Author: DocMagic

Industry Publications

10/17/2017

Bringing Digital to MBA Annual in Denver!

There's so much happening at this year's 2017 MBA Annual! Are you ready? Stop by booth 707 to learn how DocMagic's digital technology is helping...

Author: DocMagic

10/03/2017

eMortgage Revolution: The Fully Digital Future of Mortgage Signings is Here (Part 2 of 2)

Written by Nathan Batts. This is the part 2 of a blog series. Click here to read part 1. What is Driving the Transition North Carolina is not the...

Author: DocMagic

eClosing Compliance

09/28/2017

Going to the Digital Mortgage Conference? Schedule a meeting with us!

Join us at the 2017 Digital Mortgage Conference in sunny San Francisco, CA! At DocMagic, our goal is to make it easy for you to implement successful...

Author: DocMagic